Cryptocurrency

Cardano ADA/USD founder Charles Hoskinson, a co-founder of Ethereum ETH/USD, predicted Bitcoin BTC/USD could surge to between $250,000 and $500,000 within the next 12 to 24 months, citing growing institutional investment and emerging decentralized finance opportunities. What Happened: In a recent livestream from Colorado, Hoskinson emphasized Bitcoin’s transformative potential, describing it as more than just […]

The world’s largest cryptocurrency is Bitcoin, (BTC 3.74%) with a market valuation of nearly $1.9 trillion. And as of this writing, the price per Bitcoin isn’t far from $100,000 — it’s a value that many didn’t think was possible, especially just a couple of years ago. Then again, other investors predicted a price of $100,000 […]

The price of bitcoin retreated further from the psychological $100,000 milestone, as investors booked profits from the cryptocurrency’s gains following the presidential election. The largest cryptocurrency by market capitalization was recently lower by more than 4%, at $90,999.30, according to Coin Metrics. Earlier, it fell as low as $90,702.27. The CoinDesk 20, an index measuring broader cryptocurrency performance, fell […]

NEW YORK, Nov 26 (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more than […]

A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks the creation of a Sovereign Strategic Bitcoin Reserve known as RESBit. According to the legislation, the Bitcoin BTC$92,890 reserve could shield the country’s […]

Bitcoin BTC$94,278 fell over 3% on Nov. 25 as traders called for calm over new BTC price weakness. BTC/USD 1-hour chart. Source: TradingView Flash Bitcoin volatility punishes late longs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to lows of $94,600 on Bitstamp in volatile conditions after the Wall Street open. Bulls failed to hold a relief bounce from […]

Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose more than 2% in extended trading. “We believe that the world is still in the early stages of the adoption […]

For years, bitcoin won by being boring. Investors weren’t able to do all that much with it besides buy and hold it. But that was precisely why the world’s largest cryptocurrency was valuable. It was a commodity, like gold — or corn. It didn’t get too fancy on its offerings. In fact, bitcoin’s core team of developers […]

Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in over half a year. Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting for […]

Bitcoin BTC$97,517 pulled back below $96,000 on Nov. 24, suggesting that short-term traders are booking profits near $100,000. Corrections are a part and parcel of every bull phase, where newbie traders panic, but experienced traders view the dips as a buying opportunity. The prediction markets are projecting a breakout above $100,000 in 2024. Data from betting platform […]